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Rába AGM fails to reach quorum, rescheduled for April 19

Analysis

Friday's Annual General Meeting of Hungarian vehicle and vehicle-parts maker Rába Automotive Holding failed to reach a quorum, thus the company has rescheduled the AGM for April 19.

Representatives of shareholders holding just over one-third of Rába's shares were present at the AGM, well under the one-half required for a quorum.

Rába is an A-category issuer at the Budapest Stock Exchange.

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